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In Arkansas, the statute of limitations in a product liability case is three years from the date that the person knew or should have known he or she suffered injury. There are potential exceptions which either shorten or lengthen the time within which a lawsuit must be filed.
Products liability refers to the liability of any or all parties along the chain of manufacture of any product for damage caused by that product.
In Arkansas, a product liability action may be based on negligence or strict liability and may include claims of design defect; manufacturing defect; or failures of warning, instruction, and marketing.
There are three common elements to all product liability lawsuits, regardless of the legal theory that the lawsuit is brought under. The lawsuit must involve a product, the product must be found to be defective, and the product defect must be found to be the proximate cause of the injury.
A release of liability or waiver is a legal document that a person signs to acknowledge the risks involved in a particular activity and to not hold the organization or individual for any harm that might arise.
A release of liability, also known as a liability waiver or a hold harmless agreement, is a contract in which one party agrees not to hold another party liable for damages or injury. These contracts are common in fields that involve some risk to property, finances, or health.
In Arkansas, the statute of limitations in a product liability case is three years from the date that the person knew or should have known he or she suffered injury. There are potential exceptions which either shorten or lengthen the time within which a lawsuit must be filed.
Does Arkansas law have a statute of repose? No. This means that for an Arkansas products liability action, the general rule is that a lawsuit must be commenced within three years after the date on which the death, injury, or damage complained of occurs.